India 10th most vacation deprived nation: Study

November 21, 2013

Satellite_surveillanceNew Delhi, Nov 21: India is the tenth most vacation deprived nation in the world as the average Indian fails to relish their leisure time and continues to stay connected to work during vacations, according to a new survey.

Such holiday habits have pushed India to the world's tenth most "vacation-deprived" nation down from last year's fourth position, found the survey by online travel service provider Expedia.

Results of the 2013 Vacation Deprivation study has been derived from an annual analysis of vacation and holiday habits across multiple countries and continents.

The survey finds while on an average, Indians utilise 20 out of 26 leaves granted, they still lag behind in relishing the leisure time - whether booking hotels for a relaxing getaway or just staying at home - with 94 per cent at least sometimes check on mails even during on vacation.

"In India, people still lag behind when it comes to completely letting go during their vacation. Not just this, even during regular days, Indians work for more hours than other countries with 38 per cent people working for 41-50 hours a week. This shows the need for a better work-life balance," says Vikram Malhi, General Manager, South and Southeast Asia Expedia India.

While India tops the percentage of people checking mail on vacations it is followed by those in France (93 per cent), Thailand (92 per cent), Malaysia (91 per cent) and Mexico (91 per cent).

37 per cent Indians surveyed said they preferred getting money in exchange of unused holidays, which is the highest number in the world, followed closely by Brazil (30 per cent).Within the country too, people in Delhi topped the trend with 44 per cent of employees not redeeming their holidays and preferring to get money in exchange. Delhi is followed by Mumbai (24 per cent) and Bangalore (36 per cent).

With respect to saving vacations for future use Indians ranked third highest 46 per cent, in the world with Malaysia and Singapore leading with 56 per cent and 53 per cent respectively.

Overwork is another reason for people not going on vacations. The survey found that India is second highest in having maximum number of over worked people with people working for an average of 42 hours a week.

Hong Kong tops the list with people working an average of44 hours a week.

However, despite being the country with one of the most overworked people, 85 per cent people say they are satisfied with their job.

The study is an annual analysis of vacation habits across 24 countries and was conducted online by Harris Interactive among 8,535 employed adults between August and September 2013 on behalf of Expedia.

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News Network
April 22,2020

New Delhi, Apr 22: Prime Minister Narendra Modi on Wednesday said that The Epidemic Diseases (Amendment) Ordinance, 2020, manifests his government's commitment to protecting healthcare workers braving COVID-19 on the frontline.
"The Epidemic Diseases (Amendment) Ordinance, 2020, manifests our commitment to protect each and every healthcare worker, who is bravely battling COVID-19 on the frontline. It will ensure the safety of our professionals. There can be no compromise on their safety!," Prime Minister Modi tweeted.
The Central government on Wednesday brought an ordinance to end the violence against health workers, making it a cognizable, non-bailable offence with the imprisonment of up to seven years for those found guilty.

"We have brought an ordinance under which any attack on health workers will be a cognizable, non-bailable offence. In the case of grievous injuries, the accused can be sentenced from 6 months to 7 years. They can be penalised from Rs 1 lakh to Rs 5 lakh," Union Minister Prakash Javadekar briefed media after the meeting of the Cabinet.

"Such crime will now be cognisable and non-bailable. An investigation will be done within 30 days. Accused can be sentenced from three months to five years, and penalised from Rs 50,000 up to Rs 2 lakh," said Javadekar.

Moreover, if the damage is done to vehicles or clinics of healthcare workers, then a compensation amounting to twice the market value of the damaged property will be taken from the accused, said Javadekar.

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Agencies
January 19,2020

Thiruvananthapuram, Jan 19: The CPI(M) will soon launch a nation-wide house-to-house campaign to explain to the people, the 'link' between CAA-NPR-NRC, party general secretary, Sitaram Yechury said on Sunday.

The intense campaign will take place all over the country, he said while briefing the media about the three-day central committee held at Vilapilsala near here.

The central committee also urged the people not to answer the NPR questions.

"The Central committee has called upon the people not to answer any questions concerning the NPR when the enumerators come to their houses...," the left leader said.

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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